Market value of virtual electronic currency

1.

what is digital currency

digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network

T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)

T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)

T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)

there are platform coins in the coin circle, corresponding to HT, BNB, MX

2.

It is illegal to issue virtual currency privately

According to Article 29 of the regulations of the people's Republic of China on the administration of RMB, no unit or indivial is allowed to print or sell token tickets to replace RMB in circulation on the market

In addition, the "emergency notice of the State Council Office for rectifying unhealthy tendencies in the instry, the State Economic and Trade Commission and the people's Bank of China on prohibiting the issuance and use of various token certificates (cards)" also strictly prohibited similar issues

extended data

virtual currency refers to non real currency. Well known virtual currencies, such as online currency of Internet company, q-coin of Tencent company, q-point and voucher of Shanda company, micro currency launched by Sina (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver grain (used for bixue Qingtian game), and popular digital currencies in 2013 include bitcoin, Laite coin, infinite coin, quark coin, zeta coin, etc Barbecue coins, pennies (Internet), invisible gold bars, red coins, prime coins. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

market formation

the Internet has led to the emergence of a new market, which is a virtual market based on cyberspace. The Internet provides a lot of communication places for consumers, and also provides business market for enterprises. Enterprises must change from proct centered to service centered to customer centered. With the development of computer artificial intelligence technology and database technology, enterprises can conveniently collect customers' information, understand customers' needs in time, change business strategies and grasp economic arteries in real time

With the rapid development of computer and network communication technology, the application of Internet technology has graally penetrated into various fields of human activities, and the unlimited business opportunities that it contains make businesses turn their eyes to e-commerce. E-commerce is penetrating into all aspects of social and economic life at a speed that people can hardly imagine

the traditional finance is also closely watching this irresistible trend of global economic integration and networking. As a result, value-added services take art as the selling point and can be regarded as commodities; The sword in the game is not a brand-new financial services business philosophy - e-finance came into being

from the historical development process, to understand e-finance, we must start from the electronic finance and e-commerce. The so-called e-financialization means that financial enterprises adopt modern communication, computer, network and other information technology means in addition to Internet technology to improve the work efficiency of traditional financial service business, rece operating costs, realize the automation of financial business processing, informatization of financial enterprise management and scientific decision-making, and provide customers with faster and more convenient services, And then enhance the financial enterprise is the behavior of market competitive advantage

e-finance is a transcendence of financial electronization. Different from the electronic finance, the main technical basis of e-finance operation is the increasingly perfect Internet technology. Due to the characteristics of global connectivity, openness, quickness and low marginal cost of Internet technology, e-finance strengthens the restructuring and innovation of financial services business based on Internet technology, so that customers are free from the restrictions of business hours and places, and enjoy all kinds of high-quality and low-cost services provided by financial enterprises anytime and anywhere

with the development of Internet, the form of money is becoming more virtual, and there is an electronic money that only exists in the form of electronic signal

reference source: Network: virtual currency

3.

China's online virtual currency category:

1. game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency

2. the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services

3. virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency

4. Virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher; The popular digital currencies in 2013 include bitcoin, Leyte coin, Fuyuan coin, doggy coin and so on

network virtual currency can be roughly divided into

the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.

5. 1. BTC: digital gold
2. Eth: smart contract and e-cash
3. BCH: Clone of bitcoin
4. XRP: enterprise transfer network
5. LTC: faster version of bitcoin
6. Dash: Clone of bitcoin with stronger privacy
7. Neo: Chinese version of Ethereum
8. NEM: Xinjing movement digital assets
9. XmR: anonymous digital cash
10 Etc: Ethereum clone
11, iota: Internet of things transfer
12, qtum: smart contract
13, OMG: banking, remittance, exchange
14, Zec: anonymous digital cash
15, BCC: Madoff like investment fund
16, lisk: distributed app written in Java
17, ADA: layered digital cash and smart contract
18, tether: US $1
19 XLM: IOU of digital cash
20, EOS: distributed app on webassembly
21, HSR: blockchain switch
22, waves: distributed exchange and crowdfunding
23, stratis: distributed app in C language
24, KMD: distributed ICO
25, ark: blockchain switch
26, ETN: cloned Monroe coin
27, BCN: anonymous digital cash
28 Steem: reddit voting with token
29, ardr: can generate the master chain of blockchain
30, BNB: compensate the transaction fee of coin security
31, augur: distributed forecast market
32, ppt: Bill financial system of blockchain
33, DCR: bitcoin with independent management mechanism
34, pay: digital currency payment card
35, Maid: rent hard disk space
36 Bitcoin disk: Clone XZC
37, BTS: distributed exchange
38, GNT: renting computer computing power
39, pivx: Clone dash without inflation
40, gas: payment of Neo transfer fee
41, TRX: payment within app
42, VTC: Clone bitcoin
43, Mona: Japanese dogcoin
44, FCT: distributed data record
45 Bat: distributed advertising network
46, salt: digital currency based mortgage network
47, KNC: distributed exchange
48, Doge: cute bitcoin clone
49, DGD: Gold digital monetization managed by the company
50, WTC: Internet of things blockchain
51, jiuzhuang bcbot

6. Circulation is too large, there is not much room for value-added. 1. It doesn't rely on specific currency institutions to issue money. It generates money through a large number of calculations based on specific algorithms. It uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. It uses the design of cryptography to ensure the security of all links of money circulation. The unified management of issuing money is proportional to the purchase and investment, with a total circulation of 3 million, No bubbles will form. In the future, the online mall will be launched, which will change from virtual to entity, with prominent value and unlimited appreciation space; 2. Users have an independent electronic system, can buy any goods in the BOS mall; 3. Investment income is stable, three out of three into, control mechanism is reasonable, never collapse; 4. No borders, cross-border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade in ton currency, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records. 5. Avoid fraulent transactions: all transactions of ton currency are concted and supervised by ton currency company. Every transaction will be regulated and protected to ensure the fairness, openness and impartiality of customers and businesses. So businesses can avoid the harm of fraulent refund; The company acts as a third-party guarantee payment, business users settlement fast, safe! 6. The demand of online transaction with credit card has been replaced by RMB. You won't have to stick to sensitive customer information or worry about personal information leakage. As a new type of virtual electronic currency, it plays a role in the security of personal information and the security of trading goods. 7. Complete transparency: every transaction is well documented and highly transparent. Verify all payments and balances with a single click; Fundamentally improve the multi-party payment settlement complex, transfer to account time limitation shortcomings, let our online shopping more convenient.

7.

In 2016, the global ranking of virtual currency is respectively as follows:

< H2 > bitcoin, Leyte, Ecuadorian, reborn, bitstock, doggy, Diablo, futurecoin, diandiancoin and Xingxing < H2 > first place: bitcoin

since its release in 2009, bitcoin has become the most well-known virtual currency. This virtual currency was developed by indivials or organizations under the pseudonym of "Nakamoto Tsung" (whose real identity has always been unknown), and is mainly used by online merchants. However, in recent years, some small physical merchants have begun to accept bitcoin payment. Through complex algorithms and a large number of computing resources, users can obtain bitcoin through "mining". Of course, they can also purchase bitcoin through exchanges or services like bitinstagnt and coinbase. The total amount of bitcoin that can be mined is about 21 million, while the current mining amount has exceeded 11 million. Bitcoin has attracted the attention of Western Union, MoneyGram and paypal. It is reported that these services are evaluating whether users are allowed to use bitcoin on their respective platforms

< H2 > second place: lightcoin

lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte coin is divided into 100000000 smaller units, and the third place is defined by eight decimal places: Ecuadorian currency. In December 2014, Ecuador launched the "electronic currency system"

Ecuadorian currency, or EDC, which is a digital currency issued by the Central Bank of the government of Ecuador. In December 2014, the Ecuadorian market was launched, In 2015, the number of Ecuadorian currency members reached 500000, which will be recognized and sought after by investors after launching the European market and Asian market in 2015, and achieve a complete success. It will strongly launch the Chinese market at the end of September 2016, and will issue a limited number of 50 million pieces in China, which has a strong scarcity! This is an international hot topic with a wide range of admirers in the world. Historical currency is a kind of P2P digital code. Ecuadorian currency is not issued by a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm. Ecuadorian currency economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions

decentralized encrypted digital currency has no issuing institution, and it does not belong to any indivial, institution, bank or country, so it cannot be shut down. Ecuadorian coin mining machine is mining 24 hours a day, and the extracted Ecuadorian coin can be traded through the trading platform to obtain profits. Ecuadorian coin mining refers to the scrypt algorithm, The process of collecting and sorting the transaction information that has not been recognized by Ecuadorian currency in the past period of time, broadcasting to all nodes in the whole network, and finally being recognized by all nodes and getting Ecuadorian currency. Mining is the only way to issue new currency, which plays an important role in issuing new currency, maintaining Ecuadorian payment function and ensuring system security

Like bitcoin, XRP is a digital currency based on Mathematics and cryptography. However, unlike bitcoin, XRP has no real purpose. XRP has the main function of bridging currency and ensuring security in ripple system, among which the function of ensuring security is indispensable, This requires that all gateways participating in this protocol must hold a small amount of XRP

in theory, gateways don't need to buy many xrps, and their prices are very cheap. One XRP is only 0.4 cent (as of March 14, 2015, its price has risen to about 1 cent). Like bitcoin, the number of xrps can not be "over issued" (the total number is 100 billion), but since a small amount of xrps will be destroyed in each transaction, it means that the number of xrps will graally decrease. If ripple protocol can become the global mainstream payment protocol, the gateway's demand for XRP will be more extensive - the demand is strong but the quantity is decreasing, which will lead to the appreciation of XRP

< H2 > fifth place: bitstocks

bitstocks adopt an architecture similar to bitcoin blockchain. In the bitcoin blockchain architecture, each transaction data must be written from the previous transaction data, and new outputs are generated almost at the same time to be used for future transaction data writing. Each stroke can only be used once under certain conditions. Each transaction output contains the balance information of bitcoin, proving that it can be used for future transactions. In order not to proce bitcoin out of nothing, the write value of the transaction must be greater than the output value

bitcoin uses a simple script language to evaluate the situation that the balance is insufficient when the transaction is output; However, most of the transaction output only needs the holder's encrypted signature

< H2 > sixth place: dogcoin

dogcoin, some people call it "dogcoin", was born on December 8, 2013, based on the scrypt algorithm, is the second largest virtual currency in the world after bitcoin in the number of users [1]. Digital currency is a global currency initiated by non-governmental organizations. It does not belong to a certain country, but belongs to the whole mankind. It has the advantages of fast global transfer. For example, it can remit money from China to the United States in a few seconds, with low cost, and the total amount will not be increased at will like legal money, so the total amount is relatively stable

after the launch of dogcoin system, e to the help of reddit (the doge content on this website overflows horribly), the traffic shows an explosive development. However, in two weeks, dogcoin has launched a special blog and forum, with a market value of 100 million as of June 9, 2015. Because there is no pre dig, dog coin distribution is fair, charity, reward culture is popular, and user development is amazing and rapid. On June 9, 2015, the number of Dog Coin client addresses was 1.6 million, more than five times that of Wright coin; The number of active client addresses is 196000 in bitcoin, 83000 in dogcoin and 11000 in lightcoin; There are more than 150000 foreign Twitter users, 1.7 times of bitcoin and 6 times of lightcoin. Facebook likes are the same as bitcoin, far more than lightcoin [2]. The daily real transaction volume has been ranked in the top three of virtual currency for a long time, which is still not as good as the result obtained before the big platform [3]. The biggest value of the enterprise Internet era is the huge number of users. It took one year for the user base of dogcoin to reach one third of the number of bitcoin users, and the seventh place is lightcoin, which is four times the number of bitcoin users. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique[ 8] In the metaphor of RMB, black money is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 22 million special solutions, so the upper limit of bitcoin is 22 million[ 8]

to mine the dark coin, you can download the special dark coin calculation tool, register various cooperative mine pool websites, fill the registered user name and password (miner user) into the calculation program, and then click the operation to officially start. After completing the installation of the darkcoin client, you can directly obtain a darkcoin address. When others pay, you only need to post the address to others, and you can pay through the same client. After installing the Black Coin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, the personal dark coin will be completely lost

8. Ken is a kind of point-to-point electronic cryptocurrency. Its creation and transfer are based on an open source encryption protocol, which is not controlled by any central authority

Scriptum is inspired by bitcoin and lightcoin, and has more advantages in technology
in the era of we media, home [virtual currency] is the world of wealth

9. At present, China does not have a complete legal supervision system for virtual currency. The only time was on December 5, 2013, the central bank and other five ministries and commissions jointly issued the bitcoin risk notice. In the notice, bitcoin was clearly defined as a special Internet commodity, and people could buy and sell it freely at their own risk, denying its monetary attribute. No financial institution was allowed to carry out relevant bitcoin business. Zhou Xiaochuan, the governor of the central bank, compares bitcoin to a tradable asset like a stamp

most countries in the world also adopt a conservative and cautious attitude towards bitcoin. Some think bitcoin is an asset, while others think it is a currency. In the United States, different states have different attitudes towards bitcoin and other virtual currencies. Companies related to bitcoin in New York State need to apply for licenses to carry out business. California recognizes the legitimacy of bitcoin and other virtual currencies, and the operators need to register legally. Fuyuan coin is a legal registration in California.